State by State Resources

Interest Rate
Legal: 6%
Judgment: 12%
Statute of Limitations
Open Acct: 3
Written Contract: Not under seal 6, Under seal 10
UCC: 4
Domestic Judgment: 20
Foreign Judgment: 20

Interest Rate
Legal: 10.5%
Judgment: 10.5% or contractual
Statute of Limitations
Sale of Goods: 4
Written Contract: 3(changed 1997)
Domestic Judgment: 10
Foreign Judgment: 10

Interest Rate
Legal: 10%
Judgment: 10% or contractual
Statute of Limitations
Open Acct: 3
Written Contract: In Arizona 6, Outside Arizona .4
Domestic Judgment: 5 (additional 5 upon request(indefinitely)
Foreign Judgment: 4

Interest Rate
Legal: 6% or 5 points above the federal discount rate
Judgment: 5 points above the federal discount rate or 10% per annum,
whichever is less
Statute of Limitations
Open Acct: 3 - Written Contract: 5 (partial payment stops
the statute from running) Sales of Goods: (UCC-2) - 4
Domestic Judgment: 10 - Renewable
Foreign Judgment: 10

Interest Rate
Legal: 10%
Judgment: 10% (unless otherwise contracted)
Statute of Limitations
Open Acct: Reduced to writing - 4, No writing - 2
Written Contract: 4
Domestic Judgment: 10(commencing with judgment debtor’s
commencement of CA residence)

Interest Rate
Legal: 8%
Judgment: 8% (higher if specified in contractor note)
Statute of Limitations
Open Acct: 6
Written Contract: 6 (signed promissory note)
Written Contract Goods Services: 3
Domestic Judgment District Court: 20 (renewable every 20)
County Court: 6 (renewable every 6 ) - Foreign Judgment 6 in Colorado

Interest Rate
Legal: 8%
Judgment: 10%
Statute of Limitations
Open Acct: 6
Written Contract: 6
Oral Contract: 3
Domestic Judgment: 20/25
Small Claims Judgment: 10/15
Foreign Judgment: 20

Interest Rate
Legal + Judgment
Federal Reserve Discount Rate plus 5% points
Statute of Limitations
Sale of Goods: 4
Open Acct: 4
Written Contract: 3
Domestic Judgment: No provision
Foreign Judgment: No provision

Interest Rate
Legal: 6%
Judgment: 70% of interest rates on taxes to IRS
Statute of Limitations
Open Acct: 3
Written Contract: 3
Domestic Judgment: 20
Foreign Judgment: Foreign Statute

Interest Rate
Legal: 10%
Judgment: 10% or contractual
Statute of Limitations
Open Acct: 4
Written Contract: 5
Domestic Judgment: 7(renewable)

Interest Rate
Legal: 7%
Commercial Judgment: 12%
Commercial Accounts: 18%
Statute of Limitations
Open Acct: 4
Written Contract: 6
Domestic Judgment: 7
Foreign Judgment: 5

Interest Rate
Legal: 10%
Judgment: 10% (no written contract)
Statute of Limitations
Sales of Goods: 4
Open Acct: 6
Domestic Judgment: 20
Foreign Judgment: 6 for regis; 10 after regis

Interest Rate
Legal: 12%
Judgment: 10.875% plus the base rate
Statute of Limitations
Open Acct: 4
Oral Contract: 4
Written Contract: 5
Domestic Judgment: 5 (renewable)
Foreign Judgment: 6 (renewable)

Interest Rate
Legal: 5%
Judgment: 9%
Statute of Limitations
Sales(UCC): 4
Open Acct: 3
Written Contract: 10
Domestic Judgment: 20
Foreign Judgment: Same as foreign jurisdiction

Interest Rate
Legal: 8%
Statute of Limitations
Open Acct: 6
Written Contract for payment of money: Executed before 9/1/82: 10,
Executed after 8/31/82: 6
Written Contract (other than payment of money): 10
Domestic Judgment: 10
Foreign Judgment: 10

Interest Rate
Legal: 5%
Judgment: 10%
Statute of Limitations
Open Acct: 5
Written Contract: 10
Domestic Judgment: 10(renewable in the next year)
Foreign Judgment: 10(renewable in the next year)

Interest Rate
Legal: 10%
Judgment: 4 percentage points above the discount rate
Statute of Limitations
Open Acct: 3
Written Contract: 5
Domestic Judgment: 5(renewable)
Foreign Judgment: 5(renewable)

Interest Rate
Legal: 8%
Judgment: 12%
Statute of Limitations
Open Acct: 5
Written Contract: 15
Oral Contract: 5
Domestic Judgment: 15

Interest Rate(1996)
Legal: 9.75%
Judgment: 9.75%
Statute of Limitations
Open Account: 3
Written Contract: 10
Promissory Notes: 5
Domestic Judgment: 10
Foreign Judgment: 10

Interest Rate
Legal: 8%
Judgment: 15% annual (less than $30,000)
T-Bill rate over $30,000
Statute of Limitations
Open Acct: 6
Written Contract: 6+20(domestic attestation)
Domestic Judgment: 20
Foreign Judgment: 20

Interest Rate
Legal: 6%
Judgment: 10% or contractual
Statute of Limitations
Open Acct: 6
UCC: 4
Specialty: 12(contract under seal)
Written Contract: 3
Domestic Judgment: 12
Foreign Judgment: 12

Interest Rate
Legal: 6%
Judgment: 12
Contract: 12%
Statute of Limitations
Open Acct on Contract: 6
Domestic Judgment: 20 (presumed satisfied after 20 years)
Foreign Judgment: 20
Contract Under Seal: 20

Interest Rate
Legal: 5%
Judgment: 6,953 changes semi-annually
Usuary Limit: 25%
Statute of Limitations
Open Acct: 6
Written Contract: 6
Sales(UCC) Contract: 4
Domestic Judgment: 10(renewable)
Foreign Judgment: 10

Interest Rate
Legal: 6%
Judgment: 5% (changes yearly) Business or Agricultural Loan: 4 1/2%
over federal discount rate
Statute of Limitations
Goods Sold and Delivered (UCC): 4
Open Acct: 6
Written Contract: 6
Transportation Service: 3
Domestic Judgment: 10
Foreign Judgment: 10

Interest Rate
Legal: 8%
Judgment amount in contract, if no contract amount, court decides.
Statute of Limitations
Open Acct: 3
Written Contract: 3
UCC: 6
Domestic Judgment: 7
Foreign Judgment: 7(3 if resident)

Interest Rate
Legal: 9%
Judgment: 9%
Statute of Limitations
Sale of Goods: 4
Open Acct: 5
Written Contract: 10 (money and property)
Domestic Judgment: 10 (revived every 10 years)
Foreign Judgment: 10 (revived every 10 years)

Interest Rate
Legal: 10%
Judgment: 10%
Statute of Limitations
Contract: Not in writing 5
Written Contract: 8
Domestic Judgment: 10(District Court)
Justice of Peace Judge: 10
Tort Claim (Subrogation) Prop and Personal: 3

Interest Rate
Legal: 12% per writter instrument or contract rate
Judgment: 2% or above the bond investment yield on the 28-week U.S.
Treasury Bill
Statute of Limitations
Open Acct: 4
Written Contract: 5
Domestic Judgment: 5 (renewable every 5)
Foreign Judgment: 5 (non-renewable)

Interest Rate
Contract rate always prevails.
If No Contract: Pre-Judgment: Statutory rate = 2% over prime as
determined by 3 largest Nevada banks and adjusted every 6 months.
Judgment: same as pre-judgment
Statute of Limitations
Open Acct: 4
Written Contract: 6
Lease: 4
Domestic Judgment: 6
Foreign Judgment: 6

Interest Rate
Judgment (2005): 4%
Statute of Limitations
Open Acct: 3
For Goods: 4
Written Contract: 3
Domestic Judgment: 20
Foreign Judgment: 20

Interest Rate
Legal: up to 30% - as provided for by contract
Judgment changes yearly. In 2005 - 1% or judgments up to $15,000. On
judgments in excess of 415,000, an additional 2% is added to the interest rate.
Statute of Limitations
Open Acct: 6
Sales of Goods: 4
Written Contract: 6
Domestic Judgment: 20
Foreign Judgment: 20

Interest Rate
Judgment: 8.75% (in the absence of a written contract)
Statute of Limitations
Open Acct: 4
Written Contract: 6
Domestic Judgment: 14

Interest Rate
Legal: 16%
Statute of Limitations
Open Acct: 6
Sales of Goods: 4
Written Contract: 6
Domestic Judgment: 20(10-year renewable lien)
Foreign Judgment: 20(10-year renewable lien)

Interest Rate
Legal: 8%
Judgment: 8%
Statute of Limitations
Open Acct: 3
Sales of Goods: 4
Written Contract: 3
Domestic Judgment: 10
Foreign Judgment: 10/p>

Interest Rate
Legal: 6%
Judgment: 12%
Statute of Limitations
Open Acct for Services: 6
Sales of Goods: 4
Written Contract: 6
Domestic Judgment: 10(renewable)
Foreign Judgment: 10(renewable)

Interest Rate(1996)
Legal: 1% above short rate pursuant to Ohio
Revised code 134303 (for 2005 rate is 5%)
Statute of Limitations
Open Account: 6
Sales Contract (UCC2-725)
Written Contract: 15

Interest Rate
Legal: 6% unless specified in contract
Judgment: 5.63% for 2003 (4% over U.S.
Treasury Bill Rate of previous year) Statute of Limitations
Sale of Goods Governed by UCC: 5
Open Acct: 3
Written Contract: 5
Domestic Judgment: 5
Foreign Judgment: 3

Interest Rate
Statutory + Judgment: 9% simple
interest per annum (unless specified
by contract)
Statute of Limitations
Open Acct: 6
Sales of Goods: 6 (4 years UCC transaction)
Written Contract: 6
Domestic Judgment: 10(renewable at 10)
Foreign Judgment: 10

Interest Rate
Legal: 6%
Judgment: 6%
Statute of Limitations
Open Acct: 4
Written Contract: 4
Domestic Judgment 5 (writ of revival within 5 years)
Foreign Judgment: 4

Interest Rate
Legal: 6%, charges every 6 months
(01/01/2005-06/30/2005)
Judgment regulated by the
Commissioner of the Board of
Financial Institutions every 6 months
Statute of Limitations
Open Acct: 3
Merchandise Open Acct: 3
Written Contract: 15
Mortgage: 20
Domestic Judgment: 15
Foreign Judgment: 15

Interest Rate
Legal: 12% - Judgement 12%
Statute of Limitations
Open Acct: 10
Written Contract: 10
Domestic Judgment: 20
Foreign Judgment: 20

Interest Rate
Legal: 8.75%
Judgment: 12%
Statute of Limitations
Open Acct: 3 - see SC Code Section 36-2-725
Sales Goods (UCC): 6
Written Contract: 3
Written Contract Under Seal: 20
Domestic Judgment: 10
Foreign Judgment: 10

Interest Rate
Legal: 12%
Judgment: 10%
Statute of Limitations
Open Acct: 6
Sale of Goods: 4
Written Contract: 6
Domestic Judgment: 10(renewable for 10)
Foreign Judgment: 10

Interest Rate
Legal: 10%
Judgment: 10% (or contract rate, whichever is greater)
Statute of Limitations
Open Acct: 6
Written Contract: 6
Domestic Judgment: 10
Foreign Judgment: 10

Interest Rate
Legal: 18% with agreement, can
change up to 6% without an
agreement
Statute of Limitations
There is a 4-year limitation period for
varying types of debt. The Statute of
limitations begins to run the day after cause of action accrues (Section 16.004(1)(3)).

Interest Rate
Legal: 10%
Judgment: 3.41%
Statute of Limitations
Open Acct: 4
Written Contract: 6
Domestic Judgment: 8
Foreign Judgment: 8

Interest Rate
Legal: 12%
Judgment: 12%

Statute of Limitations
Retail Installment Contracts: 3
Witnessed Promissory Note: 14
Open Acct: 6
Written Contract: 6
Domestic Judgment: 8
Foreign Judgment: 8

Interest Rate
Legal: 8%
Judgment: 9% or contract rate, whichever is higher
Statute of Limitations
Open Acct: 3 last charge or payment
Written Contract: 5
Domestic Judgment: 20
Foreign Judgment: 20
Sales of Goods Under Article 2: 4 years

Interest Rate
Legal: 12%
Judgment: 12%
Statute of Limitations
Open Acct: 6
Written Contract: 6
Domestic Judgment: 10(renewable)
Foreign Judgment: 10(renewable)

Interest Rate
Legal: 6% (Contract rate prevails.
Contract rate can vary between 18%
and 31% max) Judgment: 10%
Statute of Limitations
Open Acct: 5
Written Contract: 10
Domestic Judgment: 10
Foreign Judgment: 10

Interest Rate
Legal: 7%
Judgment: Contract rate or 10% judgment rate
Statute of Limitations
Open Acct: 8
Written Contract: 10
Judgment: 21

Samuel J. Gerardo, Executive Director
44 Canal Center Plaza, Suite 400
Alexandria, VA 22314
703-739-0800
Fax: 703-739-1060
E-mail: info@abiworld.org
Web Site: www.abiworld.org

The Association of Credit and
Collection Professionals
Gary Rippentrop, CEO
P.O. Box 390106
Minneapolis, MN 55439
952-926-6547
Fax: 952-926-1624
E-mail: pr@acainternational.org
Web Site: www.acainternational.org

Emil Hartleb, Executive Director
P.O.Box 205
Cedar Grove, NJ 07009
973-239-0721
Fax: 973-755-0402
E-mail: ehartleb@ccacollect.com
Web Site: www.ccacollect.com

David R. Watson, Executive Vice
President 70 East Lake Street, Suite 630
Chicago, IL 60601
312-781-2000
Fax: 312-781-2010
E-mail: info@clla.org
Web Site: www.clla.org

Professor Alvin C. Harell, Executive
Director
c/o Oklahoma City University School of Law
2501 North Blackwelder
Oklahoma City, OK 73106
405-521-5089
Fax: 405-521-5089
Web Site: www.theccfl.com

Dennis Hammond, President
10440 Pioneer Boulevard, Suite 2
Santa Fe Springs, CA 90670
562-903-7222
Fax: 562-903-7277
E-mail:
dennis.hammon@debtconnection.com
Web Site: www.debtuyers.com

Ted M. Smith, Executive Director
4040 West 70th Street
Minneapolis, MN 55435
952-925-0760
Fax: 952-926-1624
E-mail:
iacc@commercialcollector.com
Web Site: www.commercialcollector.com

Christina Hicks, Executive Director
One Windson Cove, Suite 305
Columbia, SC 29223
800-445-8629, 803-252-5646
Fax: 803-765-0866
E-mail: info@nabt.com
Website: www.nabt.com

National Associations of Consumer
Bankruptcy Attorneys
Maureen Thompson, Legislative Director
2300 M Street, Suite 800
Washington, DC 20037
703-276-3251
Fax: 703-841-9327
E-mail: maureen@nacba.org
Web Site: www.nacba.org

Robin Schauseil, President
8840 Columbia 100 Parkway
Columbia, MD 21045-2158
410-740-5560
Fax: 410-740-5574
E-mail: nacm_info@nacm.org
Web Site: www.nacm.org

Cindy White, Executive Director
16201 Street NW, Slite 615
Washington, DC 20006
800-633-6069, 202-0706
Fax: 202-463-8489
E-mail: narca@narca.org
Web Site: www.narca.org

Jonathan W. Cuneo, Principal
Washington, DC 20002
202-789-3963
Fax: 202-789-1813

Gloria Isackson, Executive Director
7301 Ohms Lane, Suite 205
Ecina, MN 55439
800-574-9961, 952-835-8700
Fax: 952-835-8708
E-mail: gloria@subrogation.org
Web Site: www.subrogation.org

c/o Christine Molick, Executive
Director
241 Aristides Drive
Irmo, SC 29063
803-749-4115
Fax: 803-749-4116
Web Site: www.ncbj.org

Alberto R. Gonzales, Attorney
General
950 Pennsylvania Avenue, NW
Washington, DC 20530-0001
202-353-1555
E-mail: askdoj@usdoj.gov
Web Site: www.usdoj.gov

Financial Management Service
Richard Gregg, Commissioner
401 14th Street SW
Washington, DC 20227
202-874-6950
Fax: 202-874-6743
Web Site: www.fms.treas.gov

Rob Portman, Director
725 17th Street NW
Washington, DC 20503
202-395-3080
Fax: 202-395-3888
Web Site: www.whitehouse.gov/omb